In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the monthly record set in May 2023. Most of the imports (94%) were destined for the U.S. West Coast, […]
A ruling by the D.C. Circuit Court has revoked NextDecade’s permit issued by the Federal Energy Regulatory Commission (FERC) for its Rio Grande LNG export terminal in Texas. In a case put in front of […]
Malta has emerged as the top European destination for ship-to-ship (STS) transfers of Russian oil in the wake of the Greek navy’s decision to deter such activities in the Laconian Gulf. Since May 1, citing […]
Just as Chevron Oil company announced that it is moving its headquarters to Houston Texas from San Ramon California, California Energy Commission regulators announced proposed government controls of the petroleum industry, ostensibly in order to combat future […]
A major solar company has just filed for bankruptcy as its business model is no longer viable in America’s current climate. SunPower announced that it filed for Chapter 11 bankruptcy on Monday. SunPower filed for bankruptcy in […]
Saudi Aramco’s CEO has forecast a strong increase in global oil demand for the second half of the year, ranging from 1.6 to 2 million bpd. Aramco’s outlook contrasts with the more cautious forecasts from […]
Venezuelan President Nicolás Maduro has been declared the winner of a controversial presidential election, sparking widespread protests and international condemnation. Despite the re-election of Maduro, the United States has maintained sanctions on Venezuela’s state-owned oil […]
Lots of people have high hopes for an energy transition, but they’re looking through the wrong end of the telescope. Yes, solar farms are spreading out over deserts and farm fields, and wind turbines are […]
Cheniere Marketing, a subsidiary of U.S.-based Cheniere Energy has inked a long-term sale and purchase agreement (SPA) to provide liquefied natural gas (LNG) to Galp Trading, an affiliate of Portuguese oil and gas company Galp […]
The Department of Energy is appealing a recent court decision that lifted the agency’s pause on new liquified natural gas exports to certain countries, intensifying a legal fight between Republican states and industry players on the one hand and the Biden […]
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